News for April 2023
- Lawsuit Seeks to Recover $3M Invested in Louisiana Hurricane-Damage Lawsuits
- Feds: Ohio Man Tried to Firebomb Ohio Church to Stop Drag Show
- Mississippi River Flooding Prompts Evacuations, Sandbagging in Iowa
- Suit Over Texas Woman’s Jail Death Settles for $7M
- $1.6B Trial Starts Against Utility Over Fatal 2020 Oregon Wildfires
- People Moves: Ryan Specialty Names Davies CEO and Smith President of PERse’s North American Operations
- Specialty Re/Insurer Canopius Has Management Shake-up With 3 Execs Exiting
- Fed Plans Broad Revamp of Bank Oversight After SVB Failure
- Florida Senate Approves Amended Insurer Accountability Act, Removes Some Reporting
- Judge Denies Google’s Motion to Dismiss Advertising Antitrust Case
- Hub International Garners Investment From PE Firm Leonard Green
- SC Governor Elevates Wise to DOI Director Position
- Massachusetts Hospital Lacked Workplace Violence Protections, OSHA Judge Finds
- Federal Housing Aid to Help Rebuild From Kentucky Storms
- New York’s Yellow Cab Drivers Can’t Sue City Over Uber, Lyft Impact on License Values
- J.D. Power: Rising Premiums Tighten Auto Insurance Market as Customers Shop Deals
- People Moves: Howden Appoints Marsh’s Howell for Multinational Client Practice; BMS Re Hires Soria as Head of New Business Solutions, Co-head of Casualty
- Insured Losses for Southeast Australia Floods of October 2022 Rise to A$907M: PERILS
- Markets/Coverages: Swiss Re, Insurtech Benekiva Partner to Offer L&H Claims Solution
- Mental Ill Health Drives Britain’s Crisis of Worker Sickness: Research
- Q1 Net Income Up 21% at The Hartford but Personal Lines Unprofitable
- What Are the Green Guides and Can They Stamp Out ‘Greenwashing’?
- Rising Oil Prices Complicate Russian Price Cap Checks for Insurers
- Extreme Weather Is Nearly Universal Experience: Poll
- Florida Insureds Can’t Force Interest on Late Claims Payments, Courts Say
- Los Angeles Paying $38M to Settle Suit Over Power Line Deaths
- Maine Is Latest State to Make To-Go Cocktails Permanent
- People Moves: Crest in Arizona Names Henderson Director of Risk Services
- Family of Crash Victim Settles With Basketball Coach, Syracuse University
- Virginia School: Workers’ Comp Bars $40M Suit by Teacher Shot by 6-Year Old
- Blast at Chicago Area Petroleum Plant Leaves 1 Dead, 1 Injured
- Federal Authorities File Charges in Michigan Over Diesel Engine Tampering
- Louisiana Lawmakers Kill Bill to Decriminalize Marijuana
- Texas Contractor Fined $257K After Fatal Trench Collapse
- Markel Returns to Q1 Net Income Profit on Investment Gains
- Markets/Coverages: Clearcover, Experian Team on Embedded Auto Insurance Solution
- Cyber Insurance Rate Hikes Moderate, While Property Prices Rise in Most Regions: Marsh
- AIG, Stone Point Finalize Deal to Start MGA for High Net Worth Business
- Norfolk Southern Estimates That Ohio Derailment Cost $387M
- Tesla Violated Law by Telling Florida Workers not to Discuss Pay, Conditions, NLRB Says
- New York Lawyers, Doctor Sentenced in $31 Million Trip-and-Fall Insurance Fraud
- Mystery on Why Two Pesticide Workers Died After Fumigating Florida Warehouse
- NC Commissioner Blasts Bill Giving Blue Cross More Control Over its Surplus
- Ship Insurers Warn of Russian Oil Price Cap Evasion, Risks of Growing ‘Dark Fleet’
- Ermotti Steps Down as Swiss Re Chair on April 30 When de Vaucleroy Takes Interim Role
- Allegations Against Former Barclays CEO Staley ‘Very Serious’: CEO
- Fire Fears After UK’s Grenfell Disaster Set Back Wood Building, With Insurance as Factor
- ESG Backlash Overshadows Power to Drive Better Returns: UK’s Biggest Fund Manager
- Hybrid-Work Environments Are Becoming More Inclusive for Women: Deloitte
- Verisk Acquires German Motor Claims Insurtech SV Krug
- Pennsylvania High Court Addresses When Stacked Coverage Waiver Is Not Needed
- Q1 2023 M&A Transactions Lowest Since 2019
- A Record Start to the 2023 U.S. Tornado Season
- Cybersecurity Fail: Top 10 Passwords Used by the Insurance Industry
- 45 Years Ago, the Deadliest Construction Accident in U.S. Killed 51
- Uber Eats Driver Slain, Dismembered in Florida After Making Delivery
- California Community Braces for Floods as Epic Snow Melts
- New Mexicans Affected by Last Year’s Wildfire Get FEMA Aid
- $1.6M Settlement Reached in Nevada in Handcuffed Prisoner’s Death
- Massachusetts High Court Opens 27,000 Drunk Driving Cases to Reconsideration
- Uber Drivers Are Not Interstate Workers Exempt From Arbitration, Court Rules
- Louisiana Man Latest to be Sentenced for Staged Automobile Collision Scheme
- Massive Fire at Louisiana Sawmill Put Out
- Ohio Families Living in Limbo Months After Fire
- Risk Strategies Enters Wisconsin With Acquisition of Johnson Insurance Services
- World Acquires Kansas’ Iron Gates
- Jury Finds Deutsche Bank Liable for $95 Million in International Ponzi Scheme Suit
- Driver Charged in Fatal Apple Store Crash Pleads Not Guilty
- How Former Columnist’s Civil Lawsuit Alleging Sex Assault by Trump Reached Court
- Connecticut Landlord to Pay $400,000 for Tenant Harassment
- People Moves: QBE Nabs Davis From Beazley to Head Cyber; Dhillon Head of Markel’s Catastrophe, Exposure Management
- South Florida Condo Building Evacuated After 60-Year Inspection
- Distracted Driving: A Fatal Problem with Seemingly Simple Solutions
- China’s Ping An Insurance Reports 48.9% Rise in Q1 Profit
- Lessons From Inside: Two Cyber Experts Share Biggest Risks for Companies
- Catastrophe Losses Hinder Chubb Q1 Net Income
- People Moves: Hiscox Re & ILS Hires Hamilton Re’s Shah as Dir. of U/W Risk; BHSI Names Claims Execs in Germany; Aon’s Reins. Solutions Taps AXA XL’s Grigg for Cyber
- EU Lawmakers Back Human Rights, Environmental Checks for Big Companies
- North Sea Nations to Develop Critical Infrastructure Security Pact
- Russia’s Lavrov Blames West for Deadlock Over Future of Black Sea Grain Deal
- Private Health Care Booms in Britain as State-Run Health Service Buckles
- Japan’s Sompo to Focus on Integration After Spree of Overseas Acquisitions
- Crypto Must End Anonymity for Illicit Finance, U.S. Regulator Says
- U.S. Deploys More Cyber Forces Abroad to Help Fight Hackers
- W.R. Berkley Names Weber to SE Group, CAC Lands Account Exec from WTW
- Mallory Agency Names George VP of Operations
- Senior Perks: Older Producers Can Drop Continuing Ed, Mississippi Law Says
- Court Throws out Berkeley, California’s Ban on Natural Gas
- $50M Claim Filed Over Fatal Eviction Shooting in Arizona
- Pennsylvania Hospital Wins Second Shot at Equitable Relief in Medical Malpractice Case
- Animatronic Dragon Bursts into Flames During Show at Disneyland in California
- Insurtech Policygenius to Be Acquired by Zinnia
- People Moves: VIAA Promotes Kaatman to Director of Enterprise Development
- People Moves: Howden Names Holz as CEO for Germany, Creating Howden Deutschland; Chubb Promotes Vaughan for High Net Worth Insurance Business in Europe
- Disaster Declaration Approved for Texas Counties With Damage From Winter Ice Storms
- Sixth Circuit: No Coverage for Retaliation Claims Tied to Undisclosed Investigation
- Ohio’s R&L Carries to Pay $1.5M in Sex Discrimination Settlement
- Oakbridge Expands Presence in Arkansas
- First Republic, KPMG Are Sued for Concealing Bank’s Risks
- Specialist Risk Group Launches Platform for European Operations
- Coinbase Files Legal Challenge to Push SEC to Write Rules on Crypto
- Altria Tells Jury It Didn’t Benefit From Juul Youth Vaping Push
- Ardonagh Advisory to Buy HNW Broker Stanhope Cooper, MGA Renovation Underwriting
- American Bar Association Sued Over Data Breach
- Florida DA Orders Investigation After Homeowner Fires at Delivery Driver
- Negligence Led to Mississippi Grain Bin Death, OSHA Finds
- New York Woman Pleads Guilty to $27K in False Claims for Aquatic Treatments
- Tokio Marine Weighs Sale of Southeast Asia Life Unit Valued at $1 Billion
- Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB
- Marsh McLennan Reports ‘Strong Start’ to Year With Restructuring Program on Track
- Tornado, Small Earthquake Hit Upstate New York
- CBI President Says Business Group May Not Survive Sexual Assault Scandal
- Brazilian Reinsurer Resolves U.S. Probe Into Fake Berkshire Hathaway Story
- Supreme Court YouTube Decision Could Shape Protections for ChatGPT and AI
- Cancer Victims Urge Judge to Dismiss J&J Talc Unit’s Second Bankruptcy
- NC Work Injury Tort Settles for $5M with Another $5M in Comp Benefits to Come
- CIC Services Names Former NC Regulator as Director of Captive Management
- Early Morning Fire Destroyed Wing of Idaho High School
- Pollution Lawsuit Could Curb Use of Aerial Fire Retardant
- DC Health Link Data Breach Blamed on Human Error
- Connecticut High Court Affirms Ruling Denying State Troopers’ PTSD Claims
- New Jersey Sues 8 Pollution Sites to Force Cleanups
- Evacuations Ordered After Flooding in Small Arizona Town
- People Moves: Startup Intangic MGA Names Marsh’s Durkan as Commercial Dir.; Helvetia Taps Rupprecht From NN Group as CEO; BMS Hires Ardonagh’s Leather as UK, Int’l CFO
- Judge’s Donations Cloud Rulings in New Orleans Archdiocese Case
- Nebraska Ethanol Plant Explosion Leaves 1 Dead, 4 Injured
- Oklahoma House Fire Kills 4
- People Moves: Chubb Appoints Camp North America Business Development Leader; Ramsey to Lead NEXT Agent Business
- Iowa Agent Charged With Defrauding Elderly Individuals and Insurance Companies
- Fairfax Financial’s Ratings Unaffected by Move to Buy Gulf Insurance Group: DBRS
- Fox’s Settlement With Dominion Unlikely to Cost it $787.5M
- NC Senators Want Disney to Move North, Amid Company’s Feud with DeSantis
- Baldwin Charge in New Mexico Movie Set Shooting Dismissed
- California to Meet 100% of Water Requests Thanks to Storms
- W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’
- Risk Strategies Acquires JW Surety Bonds of Pennsylvania
- As Governor Seeks Disaster Dec, Fort Lauderdale Needs New City Hall After Flood
- Fuel Truck Fatal Crash Sparks Fire on Major Connecticut Highway Bridge
- Florida Family Files Suit, Says Body of Man Who Died on Cruise Was Kept in Cooler
- Maine Unhappy With Railroad’s ‘Good Faith’ Cleanup of Train Derailment Site
- Russia’s Medvedev Says G-7 Export Ban Could Trigger Black Sea Grain Deal Exit
- Howden Builds War Chest for Investments of More Than £1B; Blanc Named Head of M&A
- EU Regulators Set Out Ideas to Help Plug Climate ‘Insurance Gap’
- Generali Seeks Buyers for Tua Assicurazioni Unit
- Thefts Prompt 17 States to Urge Recall of Kia, Hyundai Cars
- Altria Faces First Trial Over Claims it Helped Market Juul to Teens
- Tesla Cleared by Jury in Autopilot Crash Suit in Los Angeles
- Paramount Directors Agree to $168 Million Settlement Over Merger
- Vape Companies Suing Kinsale Insurance After Battery Coverage ‘Quietly’ Excluded
- Virginia Family Reaches $5M Settlement Over Park Police Shooting
- Delaware Legalizes Recreational Marijuana Despite Governor’s Disapproval
- World Insurance Company Pensionmark Acquiring Xponential in California
- Markets/Coverages: Marsh Launches Global Facility Backed by QBE for All Major Classes
- About a Dozen Freight Train Cars Derail South of Chicago
- Louisiana Energy Company Agrees to $3.1M Settlement Over 2017 Oil Leak
- People Moves: Ryan Specialty Names Kendall as Deputy Chief Compliance Officer
- People Moves: NavSav Names James as Senior VP of Sales
- Iowa Man, Woman Sentenced for Insurance Fraud Scheme
- Washington Commanders Employees Ask NFL for Protection From Snyder Lawsuits
- SC Attorney Pleads Guilty in $31M Scheme to Assign Veterans’ Benefits for Cash
- Cloud Seeding Catching on Amid Rocky Mountain Drought
- ‘Rust’ Reboots After Fatal New Mexico Movie Set Shooting
- INSHUR Acquires U.S. Transportation Agency ABI; Raises $26 Million
- American Bar Association Has Network Breach
- Florida Lawmakers Approve Catalytic Converter Bill, Senate Passes Windshield Limits
- Housing Market Downturn Among Top Risks to Canada’s Financial System: Regulator
- Update: Major UK Companies Abandon CBI Following Second Rape Claim
- Argo Group Shareholders Approve Merger With Brookfield Reinsurance
- Record Heat and Drought Force Europe to Accelerate Climate Adaptation
- Tanker Company Shipping Russian Oil Loses Insurance on G-7 Price Cap
- No Such Thing as a ‘Run on the Bank’ In Insurance Biz: Travelers CEO
- Credit Suisse Lodges $440M Claim Against SoftBank in Greensill Dispute
- Capita Warns Customer Data May Have Been Stolen in Cyber Attack
- FBI: Fire That Damaged Cambridge Church Probed as Arson
- Two Charged With Setting Philadelphia Fire That Killed Firefighter for Insurance Money
- Cal/OSHA Cites Equipment Company, Refers Contractor for Prosecution in Confined Space Deaths
- Sin or Crime? Inquiry Targets Jehovah’s Witnesses’ Handling of Child Sex Abuse
- Parents and Schools Face Increase Scrutiny After Shootings
- Insurance Veteran Motamed, 74, Dies
- Pew: 7-in-10 Americans Favor Steps to Become Carbon Neutral by 2050
- Judge Halts Most Talc Lawsuits Against J&J, Stops Trials
- Central Oklahoma Tornadoes Kill 3, Cause Widespread Damage
- Newly Active Sinkhole in Southeast Texas Town Has Some Residents in Fear
- ChatGPT Poised to Expose Corporate Secrets, Cyber Firm Warns
- Wisconsin Lawmakers Aim for Harsher Carjacking Penalties
- Lukoil Buys Into AIG’s Former Russian Subsidiary
- Minnesota Prepares for Flooding on Mississippi, Other Rivers
- Iowa Lawmakers Advanced Bill to Loosen Child Labor Laws
- Tech Firms Try to Muzzle Workers With NDAs, SEC Tipsters Say
- Auto Insurance Shopping Rises as Consumers Seek Better Rate
- Plaintiffs ‘Shocked’ as Judge Ends Hartford Police Consent Decree Imposed in 1973
- People Moves: Landy Agency Hires McNamara for Marketing/Sales; XPT: S&H Adds March, Specialist Adds Martincich
- Allstate Estimates $1.7 Billion in Q1 Catastrophe Losses
- Workers’ Comp Takes Bite Out of Employee Right to Sue Third Party: Pennsylvania High Court
- Tennessee Lawmakers Move to Shield Gun Makers From Lawsuits After Shooting
- Insured Losses from Mississippi Tornado Nearing $100 Million
- Gallagher Launches Brokerage in Japan, Led by 2 Former Marsh Execs
- Cyber Firm Group-IB Finalizes Exit From Russia to Spur Global Expansion Ambitions
- BMS to Acquire Australian Broker Western United Financial Services
- British Officials Sound Alarm on Spyware, Mercenary Hacking Market
- Google’s Rush to Win in AI Led to Ethical Lapses, Employees Say
- Veterans Suing 3M Over Earplugs Seek to Stop ‘False Alarm’ Bankruptcy
- Sedgwick Acquires Appraisal Service in Mississippi
- Oakbridge Adds Another: Wilson Insurance in Georgia
- Takeaways from Our Conversation on Insuring Cannabis Opportunities
- Hub Acquires Brady Risk Management of New York
- Manhattan Parking Garage Collapse Kills 1, Injures 5
- People Moves: Crest in Arizona Adds Howard to Leadership Team
- California Department of Insurance Orders Refunds over Bogus Mailers
- Hannover Re Latest Company to Leave Net-Zero Insurance Alliance
- California Workers’ Comp Committee OK’s .03% Higher Pure Premium Filing
- TWIA to Maintain $4.6B Total Funding for 2023 Storm Season
- Rural Texans Oppose Wind and Solar Development
- Ohio Doctor Acquitted in 14 Patient Deaths Sues Health System
- Ex-Cardinal Charged in Wisconsin With Sex Abuse
- AM Best Gives A- Rating to At-Bay Specialty; Fischel Hired as At-Bay CFO
- Snap Says It’s Wrongly Dragged Into Social Media Addiction Suits
- Florida Lawmakers May End Disney Ride Inspection Exemptions in DeSantis Crusade
- Catastrophe Losses Cause Q1 Drop in Travelers’ Net Income
- New York Names InnSure to Manage Clean Tech Insurance Innovation Project
- EU Announces $1.2B Plan to Counter Growing Cyber-security Threats
- Viewpoint: D&O Market Conundrum — Softening Rates With Rising Claims Severity
- Small Town Debates Students’ Pastry Mural. Is It Art or Zoning Violation?
- J&J Talc Unit Asks Judge to Halt Cancer Lawsuits as it Pursues $8.9B Settlement
- Russian Hackers Target Western Critical Infrastructure, UK Warns
- Fox News to Pay $787 Million to Settle Election Suit, Dominion Says
- Hyundai Auto Canada Guilty of Safety Violation, Transport Canada Says
- Japanese Banks (and Insurers) Face Spotlight for ‘Gender Washing’ Women Managers
- People Moves: Ascot Names Williams U.S. CIO; Falcon Expands Leadership Team; Everest Names Mulray President of N.A. Insurance
- Canada’s Desjardins Is Seeking Property/Casualty Insurance Acquisitions
- As NCCI Turns 100, a Look at What’s Now, What’s Next for Workers’ Comp
- Only 3 Insurers Sign Up for Florida Re Plan and Hopes for a New Plan Are Fading Fast
- Judge Says Baldwin Settlement in Fatal Nex Mexico Movie Set Shooting Sealed
- 4 Penobscot Indians Accuse Maine Priests of Sexual Abuse
- Hackers Stole Arizona School Data; Teachers Left in the Dark
- Judge Allows Roberto Clemente Jr. Agency Fraud Claim Against Allstate
- Families Displaced from California Neighborhood Seeking $2B
- People Moves: Ryan Specialty Promotes RT Specialty Leaders Austenfeld and Houska
- SEC Sees Decentralized Crypto Platforms as Exchanges, Seeks Public Input
- Texas Court: Exxon Covered by Contractor’s Excess Insurers
- Evacuation Order Lifted in Area near Indiana Plastics Fire
- Minnesota Settles Lawsuit Against Juul
- Texas Freight Train Collision Injures 2
- People Moves: Everest Names Mulray President of North America Insurance; Swiss Re Names Aon’s Quiroga Arias as Head Risk Consulting & Analytics
- Restaurants Affected by Ransomware Attack on Payment System Firm NCR
- Philips Slow in Replacing Recalled Sleep Devices, Regulator Says
- Elon Musk Says He Will Launch Rival to Microsoft-Backed ChatGPT
- Markets/Coverages: Everspan, MGA Ledgebrook Partner on GL Program
- People Moves: California Insurance Commissioner Makes WCIRB Governing Committee Appointments
- Supreme Court Tackles Religious Bias Claim Against Postal Service
- Markets/Coverages: Resolute Global Partners Launches New Type of Reinsurance Contract
- China Expected to Cut Fine on Ant Group to About $700M: Sources
- Pro MGA Global Solutions Announces Incubation Partnership With MGA Nirvana
- Climate Activists Sue EU for Labeling Gas and Nuclear Investments as ‘Green’
- People Moves: WTW Names Doddington N.A. Proposition Leader; HUB Adds to Private Client Leadership Team
- Nine More States Join Federal Lawsuit Against Google Over Ad Tech
- Supply Chain Hack in Japan Provides Warning for Businesses Across the Globe
- Japanese Insurer’s Plan to Sell Foreign Debt Flashes Market Warning
- FTX Celebrity Promoters Say Crypto Investors Cannot Sue Over Accounts
- Church Tried to Exclude Named Storms, But Appeals Court Says Coverage Due Anyway
- Florida Insurers Facing a New 1% Assessment on Premiums for Insolvent Insurer Claims
- Shelter-in-Place Order Lifted After Georgia Chemical Plant Fire Extinguished
- Breaking it Down: What Florida Insurers Need to Know about Bad Faith After Tort Reform
- Capitola in California Secures $15.6M in Funding Round Led by Munich Re Ventures
- A Look Back at Boston Marathon Bombing Insurance Claims
- California Workers’ Comp Fraud Task Force Uncovers $1.6M in Unreported Payroll
- Thieves Grab Hundreds of Thousands of Dimes From Parked Truck
- Cleanup Underway After Freight Train Derailment, Fire in Maine
- People Moves: Sompo Int’l Promotes Hyland to President of North America Reinsurance, Succeeding Hanke; Kegel Appointed Managing Director, DUAL Benelux
- Kansas Steakhouse to Pay $55K Over Pregnancy Discrimination Suit
- Insurers Balk at Coverage for Firm Accused of Delivering Damaging Biofuel to Customers
- Louisiana Lost $82M of Natural Gas Due to Leaks, Report Says
- Global Insured Losses Estimated at $15B in Q1, With Economic Price Tag of $63B: Aon
- Inszone Acquires Houston’s Champions Insurance Group
- Minneapolis to Pay $8.9M Over Officer’s Actions before Floyd Death
- New Federal Mandates Won’t Impact Premium Finance Transactions: Big I
- French Court Clears Air France, Airbus Over Rio-Paris Plane Crash
- Navajo Nation Receiving Federal Aid for Severe Flood Damage
- California Church Paying $1.2M over Broken COVID Rules
- Drought Dwindles to Less Than 9% of California
- Fox-Dominion Defamation Trial Delayed, to Continue Tuesday
- Why Downpour in South Florida Just Wouldn’t Stop, Portending Future Floods
- Two Tornadoes Confirmed in Georgia Towns
- Mississippi City Faces Tough Road Rebuilding After Tornado
- U.S. P/C Underwriting Profit in 2023? Not Yet, Fitch Predicts
- MGA Rokstone Launches Credit and Surety Treaty Division
- Western Australia Assesses Damage From Cyclone Ilsa’s ‘Path of Destruction’
- G-7 Ministers Set Big New Targets for Solar Power and Offshore Wind Capacity
- Scandal at CBI Plunges UK Business Lobby Into Existential Crisis
- Lyft Investors Call for More Safety Protections for Drivers
- People Moves: Verisk Promotes Barr, Brunko to Lead Claims Businesses; SRS Appoints Sulisz President
- Update: Florida Roofing Company Owners Plead Guilty to More Than $1M in Tax Evasion
- Oakbridge Expands into Florida with Hunnicutt Insurance Agency
- Train Carrying Hazardous Materials Derails in Rural Maine
- Police Say No Known Threats to Boston Marathon on 10th Anniversary of Bombing
- Dairy Farm Fire Kills 18,000 Cows in Texas Panhandle
- Indiana Residents Forced to Evacuate After Large Industrial Fire
- Wisconsin Wildfire Forces Evacuations
- Dollar General Stores in Texas, Wisconsin Cited for Blocked Exits
- Amazon Worker Injuries Dip Last Year, but Higher Than 2020
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